PortfoliosLab logoPortfoliosLab logo
LCLAX vs. LSHAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

LCLAX vs. LSHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Select Fund Class A (LCLAX) and Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

LCLAX vs. LSHAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LCLAX
ClearBridge Select Fund Class A
-10.74%6.87%21.13%23.82%-33.28%19.86%58.29%33.03%10.18%38.69%
LSHAX
Kinetics Spin-Off and Corporate Restructuring Fund
50.22%-19.53%82.16%-19.74%39.45%42.75%5.23%31.30%-8.18%15.65%

Returns By Period

In the year-to-date period, LCLAX achieves a -10.74% return, which is significantly lower than LSHAX's 50.22% return. Over the past 10 years, LCLAX has underperformed LSHAX with an annualized return of 15.27%, while LSHAX has yielded a comparatively higher 19.52% annualized return.


LCLAX

1D
-0.68%
1M
-8.34%
YTD
-10.74%
6M
-12.89%
1Y
4.90%
3Y*
9.74%
5Y*
1.57%
10Y*
15.27%

LSHAX

1D
-7.12%
1M
-9.27%
YTD
50.22%
6M
41.09%
1Y
5.55%
3Y*
29.23%
5Y*
17.40%
10Y*
19.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


LCLAX vs. LSHAX - Expense Ratio Comparison

LCLAX has a 1.10% expense ratio, which is lower than LSHAX's 1.68% expense ratio.


Return for Risk

LCLAX vs. LSHAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LCLAX
LCLAX Risk / Return Rank: 1010
Overall Rank
LCLAX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
LCLAX Sortino Ratio Rank: 1010
Sortino Ratio Rank
LCLAX Omega Ratio Rank: 1010
Omega Ratio Rank
LCLAX Calmar Ratio Rank: 99
Calmar Ratio Rank
LCLAX Martin Ratio Rank: 1010
Martin Ratio Rank

LSHAX
LSHAX Risk / Return Rank: 99
Overall Rank
LSHAX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
LSHAX Sortino Ratio Rank: 1212
Sortino Ratio Rank
LSHAX Omega Ratio Rank: 1111
Omega Ratio Rank
LSHAX Calmar Ratio Rank: 88
Calmar Ratio Rank
LSHAX Martin Ratio Rank: 77
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LCLAX vs. LSHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Select Fund Class A (LCLAX) and Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


LCLAXLSHAXDifference

Sharpe ratio

Return per unit of total volatility

0.23

0.17

+0.06

Sortino ratio

Return per unit of downside risk

0.48

0.53

-0.05

Omega ratio

Gain probability vs. loss probability

1.06

1.07

0.00

Calmar ratio

Return relative to maximum drawdown

0.19

0.12

+0.07

Martin ratio

Return relative to average drawdown

0.62

0.19

+0.43

LCLAX vs. LSHAX - Sharpe Ratio Comparison

The current LCLAX Sharpe Ratio is 0.23, which is higher than the LSHAX Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of LCLAX and LSHAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


LCLAXLSHAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.23

0.17

+0.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.07

0.52

-0.45

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

0.65

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.35

+0.24

Correlation

The correlation between LCLAX and LSHAX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

LCLAX vs. LSHAX - Dividend Comparison

LCLAX has not paid dividends to shareholders, while LSHAX's dividend yield for the trailing twelve months is around 7.71%.


TTM20252024202320222021202020192018201720162015
LCLAX
ClearBridge Select Fund Class A
0.00%0.00%0.00%0.00%0.01%3.38%0.00%0.00%1.31%2.15%1.13%5.31%
LSHAX
Kinetics Spin-Off and Corporate Restructuring Fund
7.71%11.59%4.66%9.40%1.76%0.11%0.53%0.00%4.85%3.94%1.84%0.00%

Drawdowns

LCLAX vs. LSHAX - Drawdown Comparison

The maximum LCLAX drawdown since its inception was -43.64%, smaller than the maximum LSHAX drawdown of -69.03%. Use the drawdown chart below to compare losses from any high point for LCLAX and LSHAX.


Loading graphics...

Drawdown Indicators


LCLAXLSHAXDifference

Max Drawdown

Largest peak-to-trough decline

-43.64%

-69.03%

+25.39%

Max Drawdown (1Y)

Largest decline over 1 year

-14.36%

-37.04%

+22.68%

Max Drawdown (5Y)

Largest decline over 5 years

-43.64%

-45.79%

+2.15%

Max Drawdown (10Y)

Largest decline over 10 years

-43.64%

-50.78%

+7.14%

Current Drawdown

Current decline from peak

-14.36%

-15.53%

+1.17%

Average Drawdown

Average peak-to-trough decline

-10.17%

-21.94%

+11.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.39%

24.25%

-19.86%

Volatility

LCLAX vs. LSHAX - Volatility Comparison

The current volatility for ClearBridge Select Fund Class A (LCLAX) is 5.55%, while Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX) has a volatility of 9.76%. This indicates that LCLAX experiences smaller price fluctuations and is considered to be less risky than LSHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


LCLAXLSHAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.55%

9.76%

-4.21%

Volatility (6M)

Calculated over the trailing 6-month period

11.39%

27.25%

-15.86%

Volatility (1Y)

Calculated over the trailing 1-year period

20.32%

40.86%

-20.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.83%

33.69%

-11.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.90%

30.16%

-8.26%